Financial Institutions Assistant Underwriter

Financial Institutions Assistant Underwriter

Job Title: Financial Institutions Assistant Underwriter
Contract Type: Permanent
Location: London
Salary: Up to £40,000
Reference: JAFR / 103550
Contact Name: Jamie France
Contact Email:
Job Published: March 24, 2017 16:29

Job Description

As a Financial Lines Assistant Underwriter based in the London office. You will form part of a young, dynamic team of professionals that focus on developing the team’s regional portfolio. You will directly report to the FI Underwriting Manager and, after an initial in-house training, carry out selection, analysis, and pricing of new and renewal policies, as well as negotiate the insurance terms and conditions with brokers and insureds in order to issue the final contractual documentation. You will be key in forming profitable relationships with brokers and insureds and your role will fully support and comply with the company’s objectives and standards.


Cultivate and maintain broker relations

Analyse data relating to an account: study financial, regional/national economic trends and industry conditions in the assigned underwriting discipline

Negotiate with brokers

Follow Underwriting guidelines and submit underwriting, pricing and negotiation recommendations to the FI Underwriting Manager

Identify and pursue new business opportunities

Manage and grow the book of business

Coordinate and/or participate in special projects

Attend off-site conferences, trade shows, seminars and meetings


(BA or MA) Degree in Business Administration, Law, Economics or similar

Fluent in English (high level) a must. Additional languages a plus.

Prior experience in similar position with financial or legal background well received


Entrepreneurial with excellent commercial skills

Good negotiation skills and communicator


Possess a proactive approach to problem solving, taking ownership

High capabilities for analysis and synthesis

Able to work well under stress

Authentic and self-confident

Resourceful, hard worker taking pride in work

Punctual, loyal and reliable

Team player

At home in an international environment

Possess sense of humour